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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Metals & Mining Industrial Metals & Minerals
Search Minerals Inc. is an integrated mineral exploration and development company, which is focused on the acquisition, exploration, and development of rare earths elements (REE) mineral properties in Labrador. It focuses on developing critical rare earths elements (CREE), Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. It controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. It also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Search Minerals Inc
Bullboard Posts
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Post by bobcat16on Oct 26, 2011 11:22am
416 Views
Post# 19182660

THIS SURE LOOKS GOOD!!!!!!!!!!!

THIS SURE LOOKS GOOD!!!!!!!!!!!
Search Minerals Inc
Symbol C : SMY
Shares Issued 46,686,772
Close 2011-10-24 C$ 0.365
Recent Sedar Documents

Search Minerals 18,722,220-share private placement

2011-10-25 16:19 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 10, 2011.

Shares: 18,722,220 shares

Purchase price: 45 cents per share

Warrants: 18,722,220 share purchase warrants to purchase 18,722,220 shares

Warrant exercise price: 70 cents for a one-year period, 80 cents in the second year and 90 cents in the third year

Placees: 42 placees

Insider: Sercor Ltd. 5,722,225

Pro groups: Matthew Gaasenbeek 222,222; Graham Saunders 222,222
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities